An increasing share of employers are making Roth 401(k) plan savings available to workers. But the accounts don’t necessarily make sense for everyone.
Category: Finance News
Goldman Sachs is planning to cut up to 8% of its employees in January
The planning is ongoing, and the round could be smaller than that, according to the person, who declined to be identified speaking about personnel decisions.
Former FTX spokesman Kevin O’Leary defends endorsement of Bankman-Fried’s crypto firm
Kevin O’Leary appeared on CNBC’s Squawk Box to address his Senate testimony and his sponsorship deal with FTX, trading barbs with CNBC’s anchors.
The soft-landing narrative is in trouble, and that’s making stocks look expensive
A harder landing in the economy means that stocks are very expensive.
Stocks making the biggest moves premarket: Accenture, Winnebago, Maxar Technologies and more
These are the stocks posting the largest moves before the bell.
Neobanks battle to lure UK savers with juicy yields as interest rates rocket to a 14-year high
Online banks in the U.K. are bumping up the yields on their savings accounts after the Bank of England increased interest rates for the ninth time in a year.
China’s sudden ‘reopening’ reveals new challenges as infections soar
Mainland China’s swift rollback of many Covid-related restrictions has been unexpectedly sudden, revealing a new set of economic challenges.
Long Covid medical costs average $9,500 in first six months, as patients become ‘health-system wanderers’
Long-haul symptoms of Covid-19 can be expensive for the average person to have diagnosed and treated, according to a new study by Nomi Health.
Stocks making the biggest moves midday: Netflix, Snap, Warner Bros. Discovery, AT&T, Novavax and more
These are the stocks posting the largest moves in midday trading.
Binance CEO Zhao brushes off $2.1 billion FTX clawback concerns
Binance CEO Changpeng “CZ” Zhao brushed off questions about whether the exchange would be able to handle a potential $2.1 billion clawback of FTX funds.